NCG Marketing

Digital Marketing for Accountants and Attorneys

Archive for December, 2010

Your 2011 Marketing Plan, Part 2: Setting Goals the SMART Way

“Begin with the end in mind.”
– Steven Covey

In my previous post, Your 2011 Marketing Plan, Part 1: The Value of Setting Goals and Planning, I addressed the importance of setting goals. At this time, I’d like to take it a step further by discussing how to set meaningful and measurable goals that become a critical part of a successful marketing plan.

But first, I’d like to step back and take note of what I believe are the two most compelling takeaways of that previous post. First, as personal development guru Brian Tracy tells us, people who set down written goals are significantly more successful than those who do not. And second, despite this evidence, just 3% of us actually go through the process of setting down written goals and tracking our progress toward them in a methodical manner.

Why is this? Perhaps setting goals seems pointless; perhaps tracking them seems difficult. Whatever the reasons behind this anomaly, it’s undeniable that for lawyers and other businesspeople the stakes involved are much higher than whether they lose that last ten pounds or run a 10K at a particular pace. In fact, the high failure rate of new ventures is testament to the inability of many entrepreneurs to effectively set marketing goals and track their progress in achieving them.